RITES Limited

NSEI:RITES Stock Report

Market Cap: ₹142.9b

RITES Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Rahul Mithal

Chief executive officer

₹9.8m

Total compensation

CEO salary percentage62.9%
CEO tenure3.2yrs
CEO ownershipn/a
Management average tenure2.1yrs
Board average tenure2.3yrs

Recent management updates

RITES Limited's (NSE:RITES) CEO Compensation Looks Acceptable To Us And Here's Why

Sep 06
RITES Limited's (NSE:RITES) CEO Compensation Looks Acceptable To Us And Here's Why

Recent updates

A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)

Nov 28
A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)

RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75

Nov 09
RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75

RITES (NSE:RITES) Will Pay A Dividend Of ₹5.00

Sep 11
RITES (NSE:RITES) Will Pay A Dividend Of ₹5.00

RITES Limited's (NSE:RITES) CEO Compensation Looks Acceptable To Us And Here's Why

Sep 06
RITES Limited's (NSE:RITES) CEO Compensation Looks Acceptable To Us And Here's Why

RITES (NSE:RITES) Is Due To Pay A Dividend Of ₹5.00

Aug 17
RITES (NSE:RITES) Is Due To Pay A Dividend Of ₹5.00

RITES (NSE:RITES) Has Announced That Its Dividend Will Be Reduced To ₹2.50

Aug 03
RITES (NSE:RITES) Has Announced That Its Dividend Will Be Reduced To ₹2.50

A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)

May 26
A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)

Here's What To Make Of RITES' (NSE:RITES) Decelerating Rates Of Return

Apr 02
Here's What To Make Of RITES' (NSE:RITES) Decelerating Rates Of Return

RITES Limited's (NSE:RITES) 32% Price Boost Is Out Of Tune With Earnings

Feb 23
RITES Limited's (NSE:RITES) 32% Price Boost Is Out Of Tune With Earnings

Revenue Beat: RITES Limited Beat Analyst Estimates By 6.1%

Feb 05
Revenue Beat: RITES Limited Beat Analyst Estimates By 6.1%

RITES Limited's (NSE:RITES) Low P/E No Reason For Excitement

Jan 05
RITES Limited's (NSE:RITES) Low P/E No Reason For Excitement

Return Trends At RITES (NSE:RITES) Aren't Appealing

Dec 12
Return Trends At RITES (NSE:RITES) Aren't Appealing

Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)

Oct 28
Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)

The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested

Aug 31
The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested

RITES' (NSE:RITES) Dividend Is Being Reduced To ₹3.75

Jul 31
RITES' (NSE:RITES) Dividend Is Being Reduced To ₹3.75

A Look At The Fair Value Of RITES Limited (NSE:RITES)

Jul 13
A Look At The Fair Value Of RITES Limited (NSE:RITES)

RITES (NSE:RITES) Is Achieving High Returns On Its Capital

May 01
RITES (NSE:RITES) Is Achieving High Returns On Its Capital

Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)

Apr 05
Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)

RITES (NSE:RITES) Is Paying Out A Larger Dividend Than Last Year

Nov 17
RITES (NSE:RITES) Is Paying Out A Larger Dividend Than Last Year

The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested

Nov 01
The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested

CEO Compensation Analysis

How has Rahul Mithal's remuneration changed compared to RITES's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹4b

Jun 30 2024n/an/a

₹4b

Mar 31 2024₹10m₹6m

₹5b

Dec 31 2023n/an/a

₹5b

Sep 30 2023n/an/a

₹5b

Jun 30 2023n/an/a

₹5b

Mar 31 2023₹9m₹6m

₹5b

Dec 31 2022n/an/a

₹5b

Sep 30 2022n/an/a

₹5b

Jun 30 2022n/an/a

₹6b

Mar 31 2022₹6m₹3m

₹5b

Compensation vs Market: Rahul's total compensation ($USD115.40K) is below average for companies of similar size in the Indian market ($USD472.71K).

Compensation vs Earnings: Rahul's compensation has been consistent with company performance over the past year.

CEO

Rahul Mithal (57 yo)

3.2yrs

Tenure

₹9,801,281

Compensation

Mr. Rahul Mithal serves as Managing Director, Chief Executive Officer and Chairman at RITES Limited since October 07, 2021. He served as Director of Projects at RITES Limited since August 01, 2022 until Se...

Leadership Team

NamePositionTenureCompensationOwnership
Rahul Mithal
Chairman3.2yrs₹9.80mno data
Krishna Agarwal
Additional Director1.3yrs₹6.29mno data
Deepak Tripathi
Director of Technical & Director1.8yrs₹6.52mno data
Arun Singh
Director & Director of Projects2.3yrs₹7.41mno data
Surendra Kshatriya
Vertical Head of Financeless than a yearno datano data
Ashok Mishra
Company Secretary & Compliance Officerless than a yearno datano data
S. Mohanty
Chief People Officer1.9yrsno datano data
Hundi Chaudhary
Country Head of Bangladesh2.4yrsno datano data
Sandeep Jain
Government Nominee Director & Vertical Head of Technical Serviceless than a yearno datano data
Ghalib Jillani
Vertical Head of Quality Assurance2.4yrsno datano data
Rajesh Kumar
Country Head of Botswana2.4yrsno datano data
Ajay Agarwal
Country Head of Nepal2.4yrsno datano data

2.1yrs

Average Tenure

56yo

Average Age

Experienced Management: RITES's management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rahul Mithal
Chairman3.2yrs₹9.80mno data
Krishna Agarwal
Additional Director1.3yrs₹6.29mno data
Deepak Tripathi
Director of Technical & Director1.8yrs₹6.52mno data
Arun Singh
Director & Director of Projects2.3yrs₹7.41mno data
Sandeep Jain
Government Nominee Director & Vertical Head of Technical Service3yrsno datano data
Likha Togu
Independent Director2.9yrs₹450.00kno data
Shailendra Singh
Government Nominee Directorless than a yearno datano data

2.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: RITES's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 01:29
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

RITES Limited is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAntique Stockbroking Ltd.
Kunal ShethBatlivala & Karani Securities India Pvt. Ltd.
Shreyans MehtaEquirus Securities Private Limited